Category: All News

China is giving Russia geospatial intel, says US

The US is warning allies that China has stepped up its support for Russia, including by providing geospatial intelligence, to help Moscow in its war against Ukraine. Amid signs of continued military integration between the two nations, China has provided Russia with satellite imagery for military purposes, as well as microelectronics and machine tools for tanks, according to people familiar…

Israel says its strike that killed aid workers was a mistake. Rights groups say it was no anomaly

CAIRO (AP) — Two basic mistakes, according to the Israeli military. First, an officer overlooked a message detailing the vehicles in the convoy. Second, a spotter saw something in one car – possibly a bag – that he thought was a weapon. Officials say the result was the series of Israeli drone strikes that killed seven aid workers on a…

Airlines desperate for planes are paying more for older models

Boeing’s latest 737 Max crisis has worsened an airline shortage of popular narrowbody aircraft, sending the cost of used-jet rentals to the highest level in years.  The US planemaker has slowed production of its bestselling model to address quality lapses tied to a near-disaster on a 737 Max 9 in January. With Airbus also struggling to lift output, available planes…

Palestinian Authority To Request Vote on UN Member-state Status

The Palestinian Authority (PA), the internationally recognized representative of the Palestinian people, has taken the first steps in requesting an official vote of approval on its United Nations membership status, a letter from the body’s UN representative revealed on Tuesday. Based on documents seen by wire service AFP, the PA’s UN liaison, Riyad Mansour, penned a letter to Secretary-General Antonio…

IDF Admits to Misidentification in Strike That Killed Humanitarian Workers in Gaza

IDF Chief of Staff Herzi Halevi issued an apology early Wednesday for a devastating Israeli strike on an aid convoy in Gaza that resulted in the deaths of seven humanitarian workers, labeling the event as a consequence of “misidentification.” According to Halevi, the IDF has already conducted a preliminary examination of the strike. “I want to be very clear—the strike…

Bodies of 6 foreign aid workers slain in Israeli strikes are transported out of Gaza

RAFAH, Gaza Strip (AP) — The bodies of six foreign aid workers killed in a series of Israeli strikes were transported out of the Gaza Strip and into Egypt on Wednesday ahead of their repatriation, Egypt’s state-run Qahera TV reported. The deadly strikes have renewed criticism of Israel’s conduct in the nearly six-monthlong war with Hamas, and highlighted the perilous…

US office vacancy rate nears 20% to set fresh record, Moody’s says

NEW YORK – US office vacancies hit a fresh peak in the first quarter as needs continue to evolve with hybrid work set-ups. Vacancies rose to a record 19.8 per cent, Moody’s Analytics said in a preliminary report on April 1, from 19.6 per cent in the fourth quarter of 2023. Despite the increase, the firm said that the early…

Swiss banker gets no prison in ‘Singapore Solution’ tax scam

NEW YORK – An executive at a Swiss holding company did not get prison time for participating in a scheme to help US taxpayers hide more than US$60 million (S$81 million) in assets in a fraudulent arrangement known as the “Singapore Solution”. Daniel Walchli, 56, pleaded guilty in 2023 to a single count of conspiracy to defraud the United States…

Citigroup cuts US tech banker jobs during broad reorganisation

NEW YORK – Citigroup implemented a fresh round of job cuts in its US investment bank last week, according to people familiar with the matter, as the financial giant completed a planned restructuring. Technology, media and telecom were among the coverage areas hit hardest at the Wall Street lender, with several senior bankers as well as those in more junior…

Court approves 3M settlement over ‘forever chemicals’ in public drinking water systems

Chemical manufacturer 3M will begin payments starting in the third quarter to many U.S. public drinking water systems as part of a multi-billion-dollar settlement over contamination with potentially harmful compounds used in firefighting foam and several consumer products, the company said. St. Paul, Minnesota-based 3M announced Monday that last year’s lawsuit settlement received final approval from the U.S. District Court…

British PM Rishi Sunak faces revolt from party over bill to criminalise homelessness

LONDON: British PM Rishi Sunak faces a potential revolt from within his party ranks over new legislation that is set to criminalise homelessness. According to a ‘Times’ report on Monday, several Conservative Party MPs have warned that they will vote against the measures in the ‘Criminal Justice Bill’ in House of Commons. The proposals, which had been unveiled by former…

Part of Iran’s Damascus consulate flattened in air raid, top general killed

Israeli air strikes destroyed a building belonging to the Iranian consulate in Damascus, killing a senior commander in the Quds Force, the external military and intelligence service of Iran’s Islamic Revolutionary Guards Corps, Iranian state media reported on Monday. General Mohamad Reza Zahedi, 65, oversaw Iran’s covert military operations in Syria and Lebanon, Iranian officials said.He is among the senior…

Israel to shut down foreign news channels

The Israeli parliament on Monday approved a bill granting top ministers the power to prohibit the broadcasting of Al Jazeera news channel in Israel—a move Prime Minister Benjamin Netanyahu is likely to pursue. The law, passed by a vote of 70 to 10, enables the ban of foreign channel broadcasts and permits the closure of their offices within Israel. The…

Russia extends detention of US-Russian journalist Kurmasheva

KAZAN: A Russian court on Monday extended until June 5 the pre-trial detention of US-Russian journalist Alsu Kurmasheva, who faces 15 years in prison on charges of spreading “false information,” according to her employer. In court in the central city of Kazan on Monday, Kurmasheva smiled but complained about the poor conditions in which she was being held. “This cell…

Israeli airstrikes kill at least 38 in Aleppo, Syria

Israeli strikes on the northern Syrian city of Aleppo early on Friday killed 38 people, including five members of Lebanese armed group Hezbollah, two security sources said, the deadliest attacks so far in an intensified Israeli campaign against Iran’s allies in Syria. Israel has ramped up its airstrikes on both Hezbollah and the Iranian Revolutionary Guard Corps in Syria since…

Oil giants plan to bury massive amounts of CO2

LONDON – Just as they first ventured to do over a century ago, the world’s largest oil companies are staking claims far from home – this time to swallow, rather than spew, planet-warming industrial emissions. Carbon dioxide (CO2) storage is emerging as a potential multi-billion-dollar revenue stream for companies like ExxonMobil, Shell and Chevron, which are under global pressure to…